The consumer confidence indicator in Belgium dropped for the second month in a row to -11 in September 2019, the lowest level since October 2016, as forecasts regarding the economic situation deteriorated (-22 vs -20) and fears of a future rise in unemployment increased (18 vs 13). As for their own personal situation, households are also expecting their financial situation to get even worse (-4 vs -2), while their savings intentions remained unchanged (at -1). Consumer Confidence in Belgium averaged -7.14 Percentage Points from 1985 until 2019, reaching an all time high of 16 Percentage Points in August of 2000 and a record low of -28 Percentage Points in January of 1985.

Consumer Confidence in Belgium is expected to be -4.00 Percentage Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Belgium to stand at -7.00 in 12 months time. In the long-term, the Belgium Consumer Confidence is projected to trend around -5.00 Percentage Points in 2020, according to our econometric models.

Belgium Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-20 01:00 PM Consumer Confidence Jun -7 -5 -2
2019-07-19 01:00 PM Consumer Confidence Jul -6 -7 -5
2019-08-21 01:00 PM Consumer Confidence Aug -9 -6 -7
2019-09-20 01:00 PM Consumer Confidence Sep -11 -9 -7
2019-10-21 01:00 PM Consumer Confidence Oct -11 -8
2019-11-21 02:00 PM Consumer Confidence Nov -5
2019-12-18 02:00 PM Consumer Confidence Dec -6


Belgium Consumer Last Previous Highest Lowest Unit
Consumer Confidence -11.00 -9.00 16.00 -28.00 Percentage Points [+]
Retail Sales MoM -0.80 -1.20 5.30 -6.30 percent [+]
Retail Sales YoY 0.20 1.40 13.70 -6.10 percent [+]
Consumer Spending 55853.00 55660.00 55853.00 22538.00 EUR Million [+]
Disposable Personal Income 91742.10 92058.90 92058.90 50498.10 EUR Million [+]
Personal Savings 12.90 12.40 19.00 10.90 percent [+]
Households Debt To GDP 61.30 60.80 61.30 28.40 percent of GDP [+]
Households Debt To Income 104.61 103.28 104.61 58.32 percent [+]
Bank Lending Rate 1.58 1.59 3.02 1.56 percent [+]
Consumer Credit 7667676.00 7683452.00 8690566.00 5062843.00 EUR Thousand [+]
Gasoline Prices 1.61 1.61 2.26 0.96 USD/Liter [+]
Consumer Confidence Current Conditions -4.00 -6.00 18.00 -72.00 [+]
Consumer Confidence Economic Expectations 4.00 4.00 19.00 -44.00 [+]
Consumer Confidence Financial Expectations 1.00 -1.00 12.00 -17.00 [+]
Consumer Confidence Major Purchases Expectations -9.00 -15.00 -6.00 -30.00 [+]
Consumer Confidence Price Trends 19.00 24.00 47.00 -14.00 [+]
Consumer Confidence Savings Expectations 5.00 -2.00 31.00 -33.00 [+]
Consumer Confidence Unemployment Expectations 3.00 8.00 73.00 -18.00 [+]


Belgium Consumer Confidence

In Belgium, the consumer confidence indicator supplies concise information on consumers’ confidence regarding the progress of the economy. The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money. The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on whether things will improve or worsen for consumers in the next year. This page provides - Belgium Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-11.00 -9.00 16.00 -28.00 1985 - 2019 Percentage Points Monthly
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Country Last Previous
Argentina 42.10 Sep/19
Australia 92.80 Oct/19
Brazil 47.30 Sep/19
Canada 53.02 Oct/19
China 122.40 Aug/19
Euro Area -6.50 Sep/19
France 104.00 Sep/19
Germany 9.90 Oct/19
India 89.40 Sep/19
Indonesia 121.80 Sep/19
Italy 112.20 Sep/19
Japan 35.60 Sep/19
Mexico 44.70 Sep/19
Netherlands -2.00 Sep/19
Russia -13.00 Sep/19
Saudi Arabia 114.00 Jun/19
South Africa 5.00 Jun/19
South Korea 96.90 Sep/19
Spain 80.70 Sep/19
Switzerland -8.00 Sep/19
Turkey 55.80 Sep/19
United Kingdom -12.00 Sep/19
United States 96.00 Oct/19


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